NOT LISTED FOR SALE

5 Holly Dr Westerly, RI 02891

Estimated Value: $461,621 - $557,000

3 Beds
1.5 Baths
1,648 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $437,500 $265 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,228/month

22 Days on Market

Highlights

  • Marina
  • Wooded Lot
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of June 2023

BACK ON THE MARKET. due to buyers financing..The layout of this charming split-level home provides the space families want to gather, find their own private space, work remotely and entertain guests. With spacious bedrooms, a large living room, family/bonus room, dedicated home office, laundry and large storage room, the possibilities for this home are endless. The bedrooms, living room and dining room all have hardwood floors. In the kitchen you'll find granite countertops, stainless steel appliances and an extra deep stainless-steel sink. Situated on a .68-acre lot, the expansive backyard is truly amazing for outdoor play or space to relax. The Potter Hill neighborhood is family oriented with easy access to local beaches (6 miles), downtown Westerly restaurants and shops (2 miles) and I-95 (4 miles). A fantastic opportunity for anyone looking to own a piece of the South County lifestyle as your primary residence, an investment property or as a seasonal vacation home.

Last Listed By

Brian Turano

Onshore Realtors License #REB.0018543 Listed on: 06/02/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,160

Year Built

  • Built in 1973

Lot Details

  • 0.62 Acre Lot
  • Wooded Lot
  • Property is zoned R20

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Split Level Home
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Utility Room
  • Laundry Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Tankless Water Heater
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 5HOLLYDRWEST

Community Details

Overview

  • Potter Hill Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,160

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Inclusions: YES
  • Subdivision Name: Potter Hill
  • Above Grade Finished Sq Ft: 1096.0
  • Architectural Style: Split-Level
  • Garage Yn: Yes
  • Unit Levels: One, Multi/Split
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1973
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Oil Water Heater, Tankless Water Heater
  • Has Basement: Exterior Entry, Interior Entry, Partial, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 552.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 1648.0
  • Dining Room Type: Laundry, Utility Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil, Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27007.0
  • Parcel #: 5HOLLYDRWEST
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3160.0
  • Tax Lot: 46
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jun 30, 2023
Sold by
Jr Harrington Hldg Llc
Bought by
Ulmschneider Michael K
Seller's Agent
Brian Turano
Onshore Realtors
Buyer's Agent
Evelyn McCall
List Price
$437,500
Sold Price
$437,500
Total Days on Market
22
Views
202
Current Estimated Value
$525,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,655
Avg. Annual Appreciation
10.03%
Original Mortgage
$451,937
Outstanding Balance
$442,689
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,466

Purchase Details

Listed on
Jan 19, 2018
Closed on
Apr 27, 2018
Sold by
Bank Of America Na
Bought by
Jr Harrington Holdings
Seller's Agent
James Macchio
Agnelli Real Estate
Buyer's Agent
Gail Mcginnis
Keller Williams Coastal
List Price
$259,900
Sold Price
$254,625
Premium/Discount to List
-$5,275
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Oct 24, 2017
Sold by
Portofee Richard C
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 14, 1974
Bought by
Portofee Richard C

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ulmschneider Michael K $437,500 None Available
Jr Harrington Holdings $254,625 --
Bank Of America Na -- --
Portofee Richard C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ulmschneider Michael K $451,937
Previous Owner J R Harrington Holdings $200,000
Previous Owner Portofee Richard C $442,500
Previous Owner Portofee Richard C $40,000
Previous Owner Portofee Richard C $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $437,500 +0.1% $265 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $437,250 -0.1% $265 / Sq Ft
06/02/2023 06/02/23 For Sale $437,500 +71.8% $265 / Sq Ft
04/27/2018 04/27/18 Sold $254,625 -2.0% $232 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $259,900 -- $237 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,454 $330,500 $141,300 $189,200
2023 $3,358 $330,500 $141,300 $189,200
2022 $3,338 $330,500 $141,300 $189,200
2021 $3,039 $252,000 $123,000 $129,000
2020 $2,986 $252,000 $123,000 $129,000
2019 $2,897 $246,800 $117,800 $129,000
2018 $2,884 $233,500 $117,800 $115,700
2017 $2,802 $233,500 $117,800 $115,700
2016 $2,802 $233,500 $117,800 $115,700
2015 $2,558 $227,800 $125,700 $102,100
2014 $1,305 $227,800 $125,700 $102,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1336817

State-Wide MLS

APN: WEST-000028-000046